In the first quarter of 2023, the dimethyl sulfate price trend in Asia was influenced by decreased demand from pesticide and dye sectors, and subdued purchasing interest from Asian and European buyers. The second quarter saw a decline in dimethyl sulfate prices due to inexpensive imports, lowered energy and freight costs, and weakened downstream industry demand. Similarly, in Europe, the price trend dropped due to decreased downstream industry procurement and an inflation-driven market downturn. In North America, slow downstream industry movement, reduced consumption, and increased imports led to weakened demand and higher inventories, causing dimethyl sulfate prices to decrease over both quarters.
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Definition
Dimethyl sulfate (DMS) is a reactive and highly toxic chemical compound with (CH3O)2SO2 formula. It’s a colorless liquid with a strong odor. It’s used as a methylating agent in organic synthesis. However, it’s highly hazardous, causing severe skin and respiratory irritation, and is considered carcinogenic and mutagenic. Its reactivity and toxic nature limit its industrial use.
Key Details About the Dimethyl Sulfate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Dimethyl Sulfate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Dimethyl Sulfate Price chart, including India Dimethyl Sulfate price, USA Dimethyl Sulfate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Dimethyl Sulfate Price Trend:
Dimethyl sulfate (DMS) has been historically employed in limited industrial applications due to its extreme toxicity. Primarily used as a methylating agent in organic synthesis, it modifies compounds in processes such as pharmaceutical and dye production. However, its hazardous nature and health risks have led to reduced usage. DMS has found limited application in chemical research, where its reactivity plays a role. Despite its potential in certain reactions, its high toxicity has prompted industries to seek safer alternatives. Regulatory restrictions and safety concerns have significantly curtailed its industrial use in favor of compounds that pose fewer risks to human health and the environment.
Key Players:
- Dupont
- BASF
- Caledon Laboratories
- Chevron Phillips Chemical
- CABB Chemicals
- Celanese Corporation
- DOW
- Sumitomo Chemical
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